The Investing Club's top 5 things to watch in the market Friday: Stocks lower, China Covid cases, Dogs of the Dow

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Stock futures are pointing lower on the final trading day of the year after rallying Thursday on the back of tech gains.

The Club's 5 things to watch Friday, Dec. 30, 2022 1. Stock futures are pointing lower on the final trading day of the year after rallying Thursday on the back of tech gains, with the S & P 500 down 0.67% ahead of the open Friday. Bond yields are ticking higher, while West Texas Intermediate crude oil is poised to open down slightly, at roughly $78 a barrel. 2. As cases of Covid-19 surge in China, we are on alert for the possibility a new variant could emerge. But Dr.

Friday the risk of a dangerous new variant is "quite low," though "certainly possible." The Biden administration said this week it would require air travelers from China to show a negative Covid test in order to enter the U.S. starting Jan. 5. 3. The so-called Dogs of the Dow strategy — taking the 30 stocks in the Dow Jones Industrial Average and buying the 10 with the highest dividend yield — was a winner in 2022.

's Jesse Pound sifts through the Dow to identify the likely "dogs" of 2023. 4. Southwest Airlines expects to resume its regular flight schedule on Friday, though the recent holiday disruptions are expected to have dented the company's fourth-quarter results . It will likely also take weeks to sort out reimbursement requests for those impacted by flight cancellations. 5.

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TheDemocrats accomplished what republicans won’t do. End year as the worst ever for your 401k.

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